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Shaylee Corp has $2.00 million to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize.

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Shaylee Corp has $2.00 million to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize. Information about the projects follows: Project A Project B Project C Project D Initial investment $ 434,000 $ 249,000 $ 739,800 $ 964,000 Present value of future cash flows 784, eee 434, see 1,219, eee 1,579, eee Required: 1. Is Shaylee able to invest in all of these projects simultaneously? 2-A. Calculate the profitability Index for each project. 2-8. What is Shaylee's order of preference based on the profitability Index

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